US Stock Markets Today: Uptrend Continues on Trade Relief

10 June 2019 (9:19 am EDT)

U.S. stock futures are once again rallying, continuing their previous week’s uptrend after the U.S.- Mexico trade deal.

This indicates that the uptrend will continue in U.S. stock markets too and day traders will have time to sit back and let markets do all the work. As we discussed previously, in such a strong uptrend, day traders just have to watch for price to touch the support line, bounce up again and then they can buy and enjoy the rally.

We have provided intraday support and resistance levels on our Pivot Trading page. Check those levels for trade entry or exit points. These levels are:

Expect U.S. stock markets to pile up more gains in this session. The broader trend is now up in these markets, the intraday trend might see some volatility traders will book profits at certain levels.

This entry was posted in U.S. Stock Market. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

seventeen − 3 =